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71 Bow # 501, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,050,000
2
Beds
2
Baths
1,202
Sq Ft
$874
Price/Sq Ft
2024
Year Built
1
Parking
97
Days on Market
Closed Listed Jul 22, 2024 • MLS# 73267992 Copied! • Updated Nov 22, 2024

Sale Statistics

Sale Overview
Original List Price: $1,199,000
Final Sale Price: $1,050,000
Difference: $149,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
97
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $998
Sale $/sq ft: $874
This property sold for $874 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

At 97 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 35 similar properties sold within 0.5 miles in the last 90 days

This Property
$874/sq ft
Area Average
$317/sq ft
Difference
+175.9%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Penthouse 2 bedroom plus a large den, 2 full bathroom and 1 direct access parking spot! Located in Union Square's brand new Loen condo building, this unit has it all! Beautiful flooring throughout, high ceilings, central air, laundry in unit, ERV system for constant fresh air and triple pane windows all on the top floor of a new construction, elevator building! This corner unit w/ 2 exposures features a Porselanosa kitchen with Krion counters and lovely breakfast bar. Long views of tree tops & Prospect Hill! Spacious living room with space for dining. 2 generous bedrooms, plus a den with a large closet and a door - easily used as a home office/guest room/3rd bedroom. 2 full, beautifully appointed bathrooms with Grohe fixtures & floating vanities. Ride in bike parking, chic lobby, keyless entry and mail room - and a parking spot! Plus, a HUGE common roof deck with spectacular views!

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Recently Sold Nearby

Property History

Market Insights

99
Total Days on Market

Property Timeline

Sold
Nov 21, 2024
$1,050,000
Property sold
Days on Market: 99
🏠
Listed for Sale
Jul 23, 2024
$1,050,000
Original listing
Agent: Vineburgh / DiMella Team Office: Charlesgate Realty Group, llc

Tax History

Year Taxes Assessment
2024 $999,999 $999,999

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$733
Monthly
Assessed Value
$999,999

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2024
Living Area 1,202 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck - Roof
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof
Has Garage Yes
Features Under, Assigned, Off Street, Driveway, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $999,999
Assessed Value $999,999

HOA & Community

HOA Fee $733 Monthly
Fee Includes Gas, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Photos Are Of Model Unit. Additional Monthly Condo Fee Of Approx. $42.86 For Parking Spot.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 501
Sq Ft Source Unit Floor Plan
Documents Master Deed, Rules & Regs, Floor Plans (3)
County Middlesex
Total market time (incl. prior listings) 99 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
2
Full Bathrooms
2
Living Area
1,202 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 2024
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck - Roof
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned, Off Street, Driveway, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Union Square

71 Bow # 501, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent Vineburgh / DiMella Team
Listing Office Charlesgate Realty Group, llc
Office Phone 617-587-0100
Agent MLS ID TEAM0281
Office MLS ID NB1520
Listing Data Updated Nov 22, 2024 4:30 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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